Corporate Media Journalists Just Love Rich Guys
Wed, 09/24/2008 - dlindorff 
The people who pose as journalists in today's corporate media are in awe and in 
love with the rich. How else to explain their fatuous praise for the likes of 
Warren Buffett, who on one hand bets $5 billion on Goldman Sachs shares, and on 
the other, posing as a disinterested wise man and patriot, publicly advises 
Congress to go along with Treasury Secretary Hank Paulson's and Fed Chairman 
Ben Bernanke's $700-$1-trillion bailout of Goldman and the rest of Wall Street?

Read more 
http://www.thiscantbehappening.net/?q=node/211

Just Thinking Aloud Here
Tue, 09/23/2008 - dlindorff 
When the bankers and investment bankers and insurance execs blew it, and were 
facing the prospect of losing their bonuses and their companies, the Bush 
administration rushed in as though they were a bunch of victims of a hurricane 
facing flooding and imminent death (no, wait a minute, Bush and his gang didn't 
do squat when that situation arose in New Orleans), or rather, as though they 
were a bevy of oil industry "lobbyists" offering night service.



Read more 
http://www.thiscantbehappening.net/?q=node/210

What Nobody's Saying: The Bailout Will Kill the Dollar
Mon, 09/22/2008  - dlindorff 
What nobody in the corporate media is mentioning amid all the blather about the 
$700-billion Paulson bailout proposal is the impact it will have on the US 
dollar.

We are told that this huge gift to the financial sector-the assumption, at top 
dollar, of all the bad debt they've piled up--will be at taxpayer expense, but 
that's only the half of it. (Really only the quarter of it because since the US 
government is technically bankrupt already, spending more than it takes in each 
year, all that money will be borrowed, and will be added to the national debt, 
meaning that just as the real cost of the $500-billion Iraq War is closer to $2 
trillion, the real cost of the $700 billion bailout will be more like $1.5-2.5 
trillion.)

Read more 
http://www.thiscantbehappening.net/?q=node/209
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